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WWL opens facility at new Audi assembly plant

Wallenius Wilhelmsen Logistics opened a new processing facility in San José Chiapa, Mexico at Audi’s new assembly plant, which is expected to become the worldwide sourcing point of the German car manufacturer’s Q5.

Shipping NewsPosted on: January 6, 2017

Canada records first trade surplus in 26 months

Canada’s trade surplus of C$526 million for November came as a surprise, as analysts had projected the nation would experience a trade deficit for the month.

Shipping NewsPosted on: January 6, 2017

Drewry: Spot container rates on major East-West routes hit 20-month high

The World Container Index has increased by 62 percent since the bankruptcy of Hanjin at the end of August 2016, London-based shipping research and consulting firm Drewry said.

Shipping NewsPosted on: January 6, 2017

Port of Portland sues Monsanto over PCB contamination

The Pacific Northwest port has filed a lawsuit in U.S. District Court in Oregon, alleging agrochemical manufacturer Monsanto was aware of the danger posed by polychlorinated biphenyl prior to a federal government ban in 1979.

Shipping NewsPosted on: January 6, 2017

COSCO to purchase 10% stake in Shanghai bank

The Chinese shipping conglomerate has agreed to acquire a minority stake in the Shanghai Rural Commercial Bank from Australia & New Zealand Banking Corp. for $0.66 million.

Shipping NewsPosted on: January 6, 2017

Commentary: What will Trump mean for trade?

Taneli Ruda, head of ONESOURCE Global Trade, said the election of Donald Trump won’t cause trade liberalization to grind to a halt across the world, but it should cause those who run multinational corporations to carefully contemplate its implications.

Shipping NewsPosted on: January 6, 2017

OmniTRAX Canada to sell Manitoba assets

The assets to be sold to the Missinippi Rail Consortium include the Hudson Bay Railway, the Port of Churchill on Hudson Bay, and a tank farm adjacent to the port.

Shipping NewsPosted on: January 6, 2017

FTR: Class 8 orders up 10% in December

Net orders for North American Class 8 trucks totaled 21,200 units in December 2016, up 10 percent from the previous month and in line with analyst expectations, according to freight transportation analyst FTR.

Shipping NewsPosted on: January 6, 2017

Greenbrier moves down a gear in Q1 FY 2017

Net earnings attributable to the Greenbrier Companies Inc. totaled $25 million for the first quarter of fiscal year 2017, while the company’s revenues stood at $552.3 million, quarter-over-quarter declines of 25.6 percent and 7.2 percent, respectively.

Shipping NewsPosted on: January 6, 2017

ILA opposes fully automated container terminals

Harold J. Daggett, president of the International Longshoremen’s Association, said the union will oppose fully-automated container terminals in upcoming contract talks with the United States Maritime Alliance.

Shipping NewsPosted on: January 5, 2017

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
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  • Section 301 updates
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  • Americans for Free Trade coalition urges USTR to extend exclusions for products covered by the Section 301 China tariffs before they expire
  • Gemini Shippers Group joins assocition in letter to USTR on Vietnam Section 301 tariffs.
  • Federal Maritime Commision – Covid-19 Supply Chain Investigation Shifts Focus to NY/NJ in Phase Two
  • ONE reports $192 million loss in second quarter
  • C.H. Robinson’s net income jumps by over 46 percent
  • ITC weighs testimony in aluminum AD/CVD case
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Fashion Accessories Shippers Association

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